Funding opportunities in the developing markets

Many small and medium-sized companies have the potential to expand their operations in the developing markets, but they might lack the knowledge of the funding opportunities available for them. Nordic Development Fund, Finpro and Sitra invite you to hear more about different funding mechanisms that are offered to Finnish companies who provide green, sustainable solutions and products for the developing markets.

The four-hour event will take place at the Team Finland house in Helsinki on 17 August. During the event, you will have the chance to learn about the funding instruments as well as have one-on-one talks with the representatives of the funding organizations.

Agenda:

8:45-9:00 Registration

9:00-9:15 Welcoming words

Pasi Hellman, Nordic Development Fund & Helena Sarén, Finpro

9:15-9:30 Introducing the participants

9:30-10:00 The Finnish Innovation Fund Sitra

Introduction to the topic. Sitra is a future fund that collaborates with partners from different sectors to research, trial and implement bold new ideas that shape the future. Our aim is a Finland that succeeds as a pioneer in sustainable well-being.

10:00-10:15 Nordic Climate Facility by Nordic Development Fund

Nordic Climate Facility (NCF) is a challenge fund that finances innovative climate change projects in developing markets. NCF's 7th call for proposals with the theme "Climate as Business" will open soon.NCF is financed and administered by the Nordic Development Fund, a development and climate finance institution established by the Nordic countries.

Finnpartnership provides financial support for the planning, development and training phases of projects aiming at establishing commercial activity in the developing countries. Finnfund provides long-term risk capital for profitable and sustainable projects in the developing countries.

10:45-11:00 Finnvera

Finnvera offers financing such as loans and guarantees to support exports.

Aug 17th, 2017

Team Finland house

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Moventas and Doosan Heavy Industries & Construction have agreed on the Exceed deliveries to an offshore windfarm in South Korea. Doosan is an existing customer for Moventas Exceed high torque density 3MW gearboxes.

The recently entered agreement concerns production and delivery of Exceed 3MW gearboxes to an offshore windfarm in South Korea by the end of second quarter in 2018.

Doosan Heavy Industries & Construction is a Doosan subsidiary, which owns core technologies and ongoing performance with the three core components of the power generation business - boilers, turbines and generators. Doosan was the first in Korea to develop 3MW wind power generation systems for both onshore and offshore sites.

Companies in the sector

Finns believe that the most successful fields for Finnish companies in the future are cleantech, health technology and the forest industry

Jul 24, 2017

Bioproducts & materials

Bioenergy & biofuels

According to a research study conducted earlier this year, Finns believe that in the future, domestic companies will be most successful in environmentally sustainable technologies, health technology and the forest industry. One example of a Finnish cleantech innovation is the wood-based biofuel produced from forest industry residues.

According to research study by the Association for Finnish Work, Finns believe that the biggest chances of future success for domestic companies lie in environmentally sustainable technologies (46%), the forest industry (30%) and health technologies (30%). Success in the renewable energy industry is also deemed likely (28%).

“The study results confirm our impression that people believe Finnish companies will help solve future global issues like challenges related to the climate change and sustainable development. Companies in these fields have an enormous growth potential all over the world," says Tero Lausala, CEO, The Association for Finnish Work.

One example of a Finnish cleantech innovation is the wood-based UPM BioVerno diesel developed by UPM. It is a Finnish Key Flag product produced in the Lappeenranta Biorefinery using crude tall oil. The product development maximises the utilisation of sustainable wood raw material.

Crude tall oil is a natural wood extract, mainly from the resin of coniferous trees, gained as a residue of pulp production. Therefore, the production of UPM BioVerno does not require any extra felling of trees.

"Innovations that reduce the harmful climate effects of traffic and driving are extremely important. Unlike traditional biofuels, UPM BioVerno is derived from non-food materials, and is suitable for all diesel engines without needing to be blended. Its greenhouse gas emissions and local road traffic emissions, like nitrogen oxides and particles, are significantly lower compared to traditional fossil diesel," says Sari Mannonen, Vice President of UPM Biofuels.

The survey information is based on the Made by Finland campaign study by the Association for Finnish Work. The survey was conducted by the market research company Taloustutkimus in February 2017, and responses were received from 2219 Finns aged 18-79. The Made by Finland campaign is a collaboration between the Association for Finnish Work, its members and collaborative organisations, and it celebrates Finnish work and its success stories. More than 80 companies and organisations take part in the campaign. Follow Made by Finland on Facebook and Twitter: #madebyfinland.

Companies in the sector

​Finland is ranked the world’s 2nd most innovative cleantech country

Jun 13, 2017

Energy & resource efficiency

Renewables & smart grid

Bioenergy & biofuels

Finland is ranked as a world leading cleantech country in the 2017 Global Innovation Index. Finland retains 2nd place from 2014 in Cleantech Group and WWF's prestigious ranking of the most innovative cleantech countries. Overall Nordic countries dominate the 2017 Index, with Finland landing in between the leader Denmark and 3rd placed Sweden.

One of Finland’s innovation cornerstones has been the country’s focus on R&D, which is also highlighted among key factors in the 2017 Index. Other Finnish strong points in the Index include Finland’s booming cleantech startup scene, the availability of funding, amount of renewable energy jobs, and M&A activity.

Conversely, Finland has still ground to cover in attracting renewable energy investments while also cleantech imports and exports have a relatively low score.

Companies in the sector

Events Display Page

Elozo

Elozo

Elozo® develops clean technology products and solutions, for professional, public and home usage, to satisfy our ever-growing demand for safer and healthier surroundings.

We utilise our innovative systems such as enhanced Active Oxygen, Multi Negative Ionisation, and various other technologies to assist individuals, businesses and organisations in improving health and comfort within their immediate and daily environment, at the same time reducing unnecessary expenses and with emissions.

Essentials

Clients

More than 100 European Theatres and Operas, Law Enforcement, Hospitals, Fire and Rescue, Food industry, Cruise Ships, Hotels and TV

Merus Power secured the operational reliability of two of the UK’s leading food processing plants

Jun 27, 2017

Energy & resource efficiency

Energy production & distribution

The successful commissioning of Merus active harmonic filters has been completed in two of the leading food and beverage plants in UK. The first deliveries of Merus active harmonic filters were installed in a large sugar manufacturing facility and the second delivery was made to a whisky manufacturing plant.

"Food and Beverage plants seek to avoid the unexpected breakdown of machinery, achieve higher process reliability and provide a longer service lifetime for equipment as well as a simultaneous improvement in power quality. This is precisely what our active harmonic filters have been employed for in these two food processing plants. The post-commissioning reports from both plants confirms that performance of our active harmonic filters has successfully met the customer requirements," says Adnan Zia, Area Sales Manager, Merus Power.

The food and beverage industry currently faces several challenges, including fluctuating consumer demand, rising operational costs and tightening environmental regulations. To address these challenges, the industry has evolved to incorporate a greater use of power electronics, automation and information management systems. However, the use of modern technology demands excellent power quality in order to ensure reliable plant operations.

Merus Power can fulfil that need through the delivery of active harmonic filters or Uninterrupted Power Quality (UPQ) solutions that reliably address power quality problems. These solutions are capable of solving a number of power quality issues – for example power outages, voltage sags, harmonic distortions and load unbalancing – leading to improved operational reliability.

Companies in the sector

Ecomation

ECOMATION Oy is an innovative company that have recycling solutions for E-waste recovering principally plastics and metals. Their latest innovation is a drier distillation system, based on pyrolysis, where organic material is summit to high temperatures without oxygen to provoke a chemical reaction that separates the original material components; making possible to produce gas, carbon and oil from rubber, plastics and different types of bio-materials. The team have more than 15 years of experience in environmental technology. They have built eco-efficient and sustainable plants in Finland.

Dust Shelter

DSS helps you to be the proactive player in construction fields and to achieve in long-term higher return on investment (ROI) with Eco-Friendly methods. Whether you’ll be applying analytics for a new construction project or as part of controls upgrade, you have to keep the end-game and sustainability in mind at every stage of the design process.